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Intel-Backed Phoenix New Media Targets U.S. IPO

Phoenix New Media, a spinoff of Chinese-language media company Phoenix Satellite TV, has filed for a New York Stock Exchange IPO that reportedly would raise up to $200 million.

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People's Bank of continued anti-inflation monetary Le?

Oriental Daily News Bulletin】 【China consumer price index last month rose to 5.4% of the 32-month high, the continued international attention to China to tighten monetary policy, central bank Governor Zhou Xiaochuan yesterday that the current inflation rate higher than the government work report made control objectives, the appropriate monetary policy tightening will continue for some time, and China raising interest rates carefully, to avoid attracting a lot of hot money. In addition, the RMB will be used as a tool against inflation, so that the exchange rate more

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